cryptocurrencies
Hacking and crime

FIU’s Notice Against Foreign Crypto Exchanges Sparks Surge in Deposits in India

The cryptocurrency market is shambling due to legal notices sent to some leading crypto exchange platforms by FIU (Financial Intelligence Unit India). According to CoinDCX, within a week of the notice being issued, they have observed an increase of 2,000% in cryptocurrency deposits. On the other hand, Mudrex has recorded deposits worth over $1 million…

Hacking and crime

Know more about the CARF framework recommended by RBI Deputy Governor T Rabi Shankar

Speaking at a virtual conference of the IMF, RBI Governor T Rabi Shankar has urged the importance of obtaining adequate information on crypto assets and transactions before formulating any regulatory framework. He said that the current information on crypto assets and their movements is not either complete or even misleading. Regulations need to be built…